Tag: Prices
UK government ups pay rise for health staff in England to 3%
LONDON — The British government has tripled its pay increase offer for more than a million National Health Service employees in England, but unions...
Record-high electricity bills draw criticism to Spain’s govt
MADRID — Spanish consumers are fretting over record-high power prices just as high summer temperatures are keeping air conditioning and cooling systems operating at...
Biden wants spending to boost economy, but GOP to block vote
WASHINGTON — President Joe Biden said his infrastructure and families agenda must be passed to sustain the economic momentum of his first six months...
Biden says federal investments can prolong economic growth
WASHINGTON — President Joe Biden said Monday that his infrastructure and families agenda must be passed to sustain the economic momentum of his first...
As stock prices peak, markets begin to fear looming threats
NEW YORK — With the U.S. economy humming, corporate profits flowing and stock prices peaking, investors on Wall Street are beginning to pose an...
US 30-year mortgage rate falls for 3rd week to average 2.88%
WASHINGTON — Mortgage rates were mixed this week. The benchmark 30-year loan fell for the third straight week amid lingering concerns over the recent...
As prices rise at rapid pace, Fed chief seeks patience
WASHINGTON — For anyone watching with concern as prices surge for everything from food and gas to airplane tickets and clothes, the message from...
UK inflation rises to highest level in nearly 3 years
LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...
Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...
Fed survey: US economy strong but hindered by bottlenecks
WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...